What is UpFinance?
Got a problem with repaying debt and struggling to budget your daily expenses? Or are you having trouble where to get extra funds for your children’s education or hospital bills? You may now be at ease as you can finally put an end to your financial issues by just knowing what UpFinance offers. You are on the right track because their goal is to help people in need like you and aid them with financial assistance.
UpFinance is a website that has been running for more than two years in the Philippines. If you are the type of person who looks for convenience and hassle-free services especially when it comes to financial matters then UpFinance is perfectly made for people like you. We cannot deny that there are norms in the financial industry that is hard to absorb and understand, but with UpFinance you can easily understand how financial services work.
The Legality and the Team
You do not have to worry as the UpFinance team is composed of experts with deep understanding and can easily navigate various loan products. These are the people behind the success of UpFinance – they make sure to be updated with the latest banking sector news, collects loan data from official sources so that they assure that users have the right to compare interest rates and loan sizes in different companies and guide the users to find the suitable loan or profitable investments based on the person’s capabilities.
UpFinance can show you numerous financial companies or organizations together with interest rates and favorable deals or conditions. Their website is updated and ensures that they present the latest information on financial services and products from financial companies and organizations all over the country.
However, when you land on their main page shows the top 8 banks according to the rating of the users. To view other banks, go to the Companies tab in the top menu, select Banks, and from there, you will see many banks to choose from.
You will be amazed at how this site brings convenience to users who have questions about financial matters. UpFinance is not just a website that has the data that you need to know from financial institutions. It also has a calculator to help you even more in deciding what loan suits you.
Indeed, you read it right. You can notice a loan calculator on their website. It provides ease of use to every Filipino who prefers to search for loans online. The calculator will show you your best match based on the information you input. You can notice that a loan calculator will always be present on every page of the website.
Wondering how the loan calculator works? Here’s how it functions:
The first thing to do is, find and go to the calculator and place your desired loan amount, choose the loan term you prefer and the loan calculator will give you the total amount and your possible monthly payment.
The next step is to take note that that interest rates cannot be changed and set for the lowest rate automatically.
Check out all the Popular Partners you can find on the website. Here are the following:
Banks:
RCBC Bankard online
BDO Network Bank
Home Credit
Producers Bank
AUB
DBP Bank
Marayo Bank
UnionBank of the Philippines
QCRB
SecurityBank Online in the Philippines
Citibank
WealthBank
Philippines Savings Bank
Cooperatives:
Paglaum Multi-Purpose Cooperative
San Jose Koop
ACDI Multipurpose Cooperative
DCCCO Multipurpose Cooperative
San Dioniso Credit Cooperative
Holy Cross Credit Cooperative
Central Luzon Region League
NEC Multi-Purpose Cooperative
Pawnshops:
Palawan Pawnshop
CebuanaLhullier
Villarica Pawnshop
Tambunting Pawnshop
RD pawnshop office hours
Jerome Pawnshop
Reymalyn Pawnshop
Ablaza Pawnshop
SMJ Pawnshop
PawnHero
Investment Companies:
SEED Center
Coins Pro for the Philippines
COL Financial
SM Investments Corporation
Fidelity Investments
Small Business Corporation
Insurance Companies:
Manulife
Sun Life
Cocolife
AXA Philippines
Philam Life
CIC
BPI Philam
Standard Insurance
Now that you have an idea of what the UpFinance offers, maybe at this moment, you are considering checking and wanting to try the services they provide. To help you be more ready, here are the initial requirements you need to prepare in case you have finally decided to get a loan.
- A bank account Evidence of address; utility bills
- Should be a Filipino citizen, two valid IDs
- Employment document or ITR
- Also, prepare your 3-month payslip if employed, or bank statements if self-employed.
Patience is a virtue as they say, and that is also applicable and vital in getting a loan. So, wait patiently for a call from the possible lender 24 hours after the time your online loan application was approved. Releasing your desired loan can take 1 to 5 days from the time it was approved. But, it can still change depending on your private lender. Lenders also have the right to offer you an installment weekly payment method to prevent the accumulation of payments.
Please be reminded that it is important to partner with the right company or organization to get a suitable loan because many lenders offer similar conditions and favorable deals. Be keen and understand what some lending companies in the Philippines have to offer and their differences.
Indeed, applying for a loan is not as easy as pie, there would be times that it can make you exhausted and confused, but with UpFinance, less hassle and even feel secure while doing financial matters like loans online. Steps will be presented in detail and you can get to do the things needed from you anywhere and will no longer require you to directly go to your chosen financial institutions. After all, bringing convenience and ease of use is the top priority of the whole UpFinance team. Isn’t it amazing?
UpFinance is the platform that is perfect to use for getting loans online. People can conserve their time and effort as the website has a friendly interface. The mission that UpFinance has is absolutely one of the bests. They make sure to assist all Filipinos in getting the best financial services. Who wouldn’t be amazed by that, right?
Please click here if you want to learn more about the website.
Also Read: Know How Home Loan EMI is Calculated: The Factors, The Formula
